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4361-4365 Altadena Ave
San Diego, CA 92115
6.69% Market Cap | 8 Units | Many Upgrades · Multifamily Property For Sale
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8 Units
Investment Highlights
- Fully rehabbed front Building(6 Units). Newly Built in 2022 back building 2 units. 5 of 8 units are month to month. Rental upside.
- All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters.
- Investor has the opportunity to acquire a turnkey asset that will continue to benefit from appreciation and rent growth
- All new desert scape landscaping and artificial grass was designed to keep water bill low for owner.
- Extensively renovated in 2022, units feature quartz countertops, stainless steel appliances, vinyl plank flooring, and dual pane windows.
- A meticulously renovated asset with remaining rental upside in one of San Diego's fast growing markets
Property Facts
| No. Units | 8 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 4,622 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1950/2022 |
| Zoning | R-3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,622 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2022 |
| Zoning | R-3 |
Amenities
Unit Amenities
- Cable Ready
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Freezer
- Vinyl Flooring
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
- Gated
- Gas Range
- Pet Play Area
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,950 | 466 - 535 |
| 2+1 | 2 | $2,500 | 775 |
Property Taxes
| Parcel Number | 472-031-04 | Improvements Assessment | $850,000 |
| Land Assessment | $1,550,000 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
472-031-04
Land Assessment
$1,550,000
Improvements Assessment
$850,000
Total Assessment
$2,400,000
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